ARB
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0.11% $38.03 arb corporation limited.

"Demonstrably, zero correlation." Yet ARB's managers themselves...

  1. vic_wattle
    3,481 Posts.
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    11/10/20
    15:30
    Post #: 48007304
    "Demonstrably, zero correlation."

    Yet ARB's managers themselves have consistently highlighted the effect the AUDTHB has on profit margins.

    4 Feb 2020 market update:

    "Based on unaudited management accounts, ARB expects to report a reduction in net profit after tax of around 7.4%. As previously indicated, the result reflects the significant strengthening of the Thai baht which has caused an increase in the Company’s costs on a range of products manufactured in ARB’s Thai factories."

    Yes take your point on shareholder value not linked to short term price fluctuations. Was a foolish connection by myself. Thank you for pointing that out.
    ARB Price at posting: $32.21 Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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